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Development trends in the Russian food market have been discussed at the panel on the Russian Food Market: Focus on Growth, International Cooperation and Export within the supporting program of the Prodexpo 2019 International Exhibition that started today.

The session that opened the trade show was organised by RBC and Expocentre AO. The participants were representatives of federal and regional authorities, major agricultural companies, and leading experts of the Russian agricultural sector.

Deputy Minister of Agriculture of Russia Oksana Lut said that the Russian agricultural industry developed well, the domestic market was nearly provided with foodstuffs for most items according to the Food Security Doctrine. According to the Deputy Minister, exports grew in 2018. The quality of Russian food is highly appreciated in the world. It is in great demand and the prospects of export are great. That is why it is necessary to increase production.

Minister of Agriculture and Food of the Moscow Region Andrey Razin told about priorities for development of the agricultural sector. He emphasized that today's agricultural sector of the Moscow region is relevant not only across the region but also across the country. The exports of food of the Moscow Region companies exceed 700 million US dollars. According to the Minister, the most promising trends in the export development are extensive processing of livestock and crop products and ready-made meals.

First Deputy Chair of the Federation Council Committee on Agriculture and Food Policy and Environmental Management Sergey Lisovsky made his speech and focused on the issues concerning costs for agricultural production, necessity of government’s influence on rising costs, and purchasing power of the people. Speaking about retail development, the senator commented on a new draft law on retail.

The participants in the discussion were also Head of the Agro-Industrial Companies in Russia / CIS Practice, KPMG Ilya Strokin, Director of Representative Office Russia, METRO AG, Alexey Grigoriev, and Russian Businessman, Founder of Dovgan TM Vladimir Dovgan.

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